IRISH RES (Ireland) Performance

IRES -  Ireland Stock  

EUR 1.52  0.07  4.40%

IRISH RES has performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.003, which attests to not very significant fluctuations relative to the market. Let's try to break down what IRISH's beta means in this case. As returns on the market increase, IRISH RES returns are expected to increase less than the market. However, during the bear market, the loss on holding IRISH RES will be expected to be smaller as well. Although it is extremely important to respect IRISH RES PROP current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy in determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing IRISH RES PROP technical indicators, you can now evaluate if the expected return of 0.0687% will be sustainable into the future. IRISH RES PROP currently retains a risk of 1.46%. Please check out IRISH RES variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if IRISH RES will be following its current trending patterns.

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 IRISH Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in IRISH RES PROP are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, IRISH RES is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more

IRISH Price Channel

Quick Ratio0.74
Fifty Two Week Low1.3000
Payout Ratio52.70%
Fifty Two Week High1.6660
Trailing Annual Dividend Yield3.92%

IRISH RES Relative Risk vs. Return Landscape

If you would invest  153.00  in IRISH RES PROP on June 21, 2021 and sell it today you would earn a total of  6.00  from holding IRISH RES PROP or generate 3.92% return on investment over 90 days. IRISH RES PROP is generating 0.0687% of daily returns and assumes 1.4577% volatility on return distribution over the 90 days horizon. Simply put, 12% of stocks are less volatile than IRISH, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days trading horizon IRISH RES is expected to generate 2.31 times more return on investment than the market. However, the company is 2.31 times more volatile than its market benchmark. It trades about 0.05 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

IRISH RES Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for IRISH RES's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as IRISH RES PROP, and traders can use it to determine the average amount a IRISH RES's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0472

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Estimated Market Risk
 1.46
  actual daily
 
 12 %
of total potential
 
1212
Expected Return
 0.07
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.05
  actual daily
 
 3 %
of total potential
 
33
Based on monthly moving average IRISH RES is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IRISH RES by adding it to a well-diversified portfolio.

About IRISH RES Performance

To evaluate IRISH RES PROP Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when IRISH RES generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare IRISH Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand IRISH RES PROP stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents IRISH's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Irish Residential Properties REIT Plc is an Irish REIT focused on consolidating the fragmented Irish rental market by targeting quality multi-unit residential real estate in Dublin and other major centres. IRES was listed on the Irish Stock Exchange in April 2014. IRISH RES operates under REITResidential classification in Ireland and is traded on Irland Stock Exchange. It employs 65 people.

Things to note about IRISH RES PROP

Checking the ongoing alerts about IRISH RES for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IRISH RES PROP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

IRISH RES Alerts

Equity Alerts and Improvement Suggestions

IRISH RES PROP may become a speculative penny stock
IRISH RES PROP has high likelihood to experience some financial distress in the next 2 years
About 75.0% of the company shares are owned by institutional investors
Please see Risk vs Return Analysis. Note that the IRISH RES PROP information on this page should be used as a complementary analysis to other IRISH RES's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Other Tools for IRISH Stock

When running IRISH RES PROP price analysis, check to measure IRISH RES's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IRISH RES is operating at the current time. Most of IRISH RES's value examination focuses on studying past and present price action to predict the probability of IRISH RES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move IRISH RES's price. Additionally, you may evaluate how the addition of IRISH RES to your portfolios can decrease your overall portfolio volatility.
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